Bankruptcy Trustee Seeks to Temporarily Block Creditors from Seizing Alex Jones' Media Company Assets
ICARO Media Group
In a recent development, the federal bankruptcy court trustee overseeing the liquidation of conspiracy theorist Alex Jones' estate is seeking a temporary block on families and other creditors from seizing assets related to his media company, as part of an "orderly wind-down process" and eventual sale. Trustee Christopher Murray has filed an emergency motion in the U.S. Bankruptcy Court for the Southern District of Texas, requesting the court's intervention to prevent a disruptive "money grab" that could harm the chapter 7 estate.
The move by Murray comes after families who previously won a defamation lawsuit against Jones in Texas requested a state district court judge to compel Jones' media company, Free Speech Systems, which operates the Infowars platform, to turn over any money held in bank accounts or under the control of third parties at the direction of the company. Murray argues that such a hasty seizure of Free Speech Systems' assets, including cash, could lead to chaos and impede the orderly process of winding down the company.
This latest legal development adds to the ongoing legal saga surrounding Jones, who broadcasts from the Austin area. He has been sued by families in both Texas and Connecticut who claim that he defamed them and caused emotional distress by repeatedly suggesting that the 2012 Sandy Hook Elementary School massacre was a hoax. The families were awarded a total of $1.5 billion in their lawsuits, but Jones has claimed he cannot afford such a substantial sum, leading him to file for bankruptcy.
In a recent court hearing, a federal Bankruptcy Judge Christopher Lopez allowed Jones to convert his bankruptcy filing into a liquidation of his personal assets to help pay off the settlements. However, the judge dismissed a separate bankruptcy case involving Free Speech Systems, allowing Jones to continue broadcasting on Infowars for now, though the future of his show remains uncertain.
According to court filings, Jones has approximately $9 million in personal assets, while Free Speech Systems holds around $6 million in cash and over $1 million in inventory. Jones' lawyer, Vickie Driver, has indicated that a portion of the money from the sale of Jones' $2.8 million Texas ranch can be used to repay the creditors.
Lawyers representing the families in the Connecticut lawsuit against Jones have expressed support for liquidating Free Speech Systems to prevent any potential disputes over its assets in state courts. They emphasized that the attempt to undermine the wind-down process of Infowars is disappointing and counterproductive.
Murray is now requesting a 90-day pause on any collection action by creditors against Free Speech Systems, seeking to ensure an orderly resolution to the estate. The timing of the judge's ruling on the matter remains uncertain at this stage.